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TOKEN2049 Dubai will take place at Madinat Jumeirah from 30 April – 1 May 2025, bringing together 15,000 attendees from across the globe for an unparalleled festival experience

TOKEN2049 – the world’s largest crypto event – will bring together 15,000 attendees from over 4,000 companies and more than 160 countries in Dubai. With demand for tickets at unprecedented levels, prices will increase ahead of schedule on Thursday 3 April. Following the resounding success of the 2024 edition, the event is once again on track to sell out weeks before the opening day on 30 April.

TOKEN2049 Dubai 2025 is scaling up significantly, transforming its unique indoor-outdoor venue at the luxurious Madinat Jumeirah Resort into an extraordinary, festival-like environment. Attendees will experience a spectacular new outdoor Amphitheater Stage, expansive exhibition and networking areas, and thrilling activities such as a zipline soaring from an 18-meter tower over the iconic Fort Island. Exclusive wellness experiences, including ice baths, IV drips, and fresh hand-carved coconuts, will further elevate the attendee experience.

While set to be the most immersive experience TOKEN2049 has ever delivered, the event will also feature an all-star lineup of speakers and side events. The back-to-back agenda will serve as the industry standard for exploring the frontiers of the digital asset ecosystem.

Alex Fiskum, Co-Founder of TOKEN2049, said: “TOKEN2049 Dubai is already surpassing last year’s extraordinary demand, set to reach capacity weeks before we open doors. This will truly be a landmark global gathering, redefining what attendees expect from industry events. We’re redefining the conference experience, pushing boundaries to provide the world’s best environment to connect, exchange ideas, network, and shape the future of the industry. We strongly encourage everyone planning to attend to secure tickets now, as a complete sell-out is imminent. We can’t wait to welcome our global community to Dubai next month”

Haider Rafique, CMO of OKX, commented: “TOKEN2049 has injected fresh momentum into the crypto industry, inspiring a new wave of entrepreneurs, developers, creators, and curious investors. The exceptional programming helps steer our industry away from speculation and toward genuine innovation and meaningful collaboration. At OKX, we’ve set the standard for compliance, security, and transparency—core values reinforced by our partnership with TOKEN2049. Together, we’re spotlighting the companies that do things right, setting a new narrative for the future of crypto. We look forward to seeing everyone in Dubai!”

The first 100 headline speakers have already been announced, with more than 200 global thought leaders, innovators, and influential voices set to take the stage. Early confirmed speakers include The Network State author Balaji Srinivasan, Binance CEO Richard Teng, Tether CEO Paolo Ardoino, Maelstrom CIO Arthur Hayes, and Circle CEO Jeremy Allaire among others. Additional major speaker announcements are scheduled in the coming weeks, building excitement and anticipation as the event approaches.

Over 200 industry-leading exhibitors have also been confirmed – they will showcase their innovations throughout the most immersive TOKEN2049 exhibition to date. Title Sponsors include OKX – a leading technology company building a decentralized future; Binance – the largest crypto exchange by trading volume and users; BloFin – a global, secure, and user-first platform for premium futures trading, Spacecoin – a decentralized internet satellite network using blockchain technology for global connectivity, MEXC – a global exchange known as “Your Easiest Way to Crypto,” and KuCoin: Shaping the Future of Crypto.

Complementing the main event, TOKEN2049 Week will showcase an impressive roster of more than 500 side events throughout Dubai, including exclusive networking events, parties, hackathons, workshops, and investor meetups. The full side events calendar is available online.

Tickets are quickly running out. Reserve your ticket today at dubai.token2049.com/tickets.

About TOKEN2049

TOKEN2049 is a global Web3 event series, organised semi-annually in Singapore and Dubai, where decision-makers in the global crypto ecosystem connect to exchange ideas, network, and shape the industry. TOKEN2049 is the preeminent meeting place for entrepreneurs, institutions, industry insiders, investors, builders, and those with a strong interest in the crypto and blockchain industry.

SunPump ($SUN) is the world’s first platform dedicated to the fair launch and trading of meme coins, offering a user-friendly, low-cost, and secure environment for creators and traders on the TRON network. The SunPump platform is part of SUN.io, Tron’s first decentralized autonomous platform integrating stablecoin and token exchanges whilst supporting liquidity mining. Here is our review on everything you wanted to know about SunPump ($SUN).

What is SunPump?

SunPump is a platform on TRON that facilitates the fair launch and trading of meme coins. It offers creators an accessible, low-cost way to create their own meme coins in a secure and user-friendly environment. Here are SunPump’s main features:

1. One-click token generation: Users can easily create meme coins by providing a token name, symbol, image, and paying a small fee.
2. Bonding curve mechanism: SunPump adjusts prices based on token supply, ensuring fairness and transparency.
3. Instant market access: Newly created tokens are immediately listed, allowing seamless buying and selling.
4. Liquidity and token burn: When a token’s market cap meets specific criteria, SunPump injects liquidity funds into SunSwap and executes a token burn.
5. Transparency: All transactions are public, allowing users to monitor activity. Additionally, SunPump has introduced a gas fee reduction program to make participation more accessible.

Fees

SunPump charges its fees at a very competitive rate for both meme coin creators and traders. SunPump fees are as follows:

• Trading fee: There is a 1% trading fee on transactions conducted on the SunPump platform.
• Creation fee: SunPump charges a creation fee of around 20 $TRX for launching a memecoin on the platform.
• Liquidity fee: When a project reaches 100% of the Bonding Curve, the smart contract will automatically add around 100,000 TRX and 200 million tokens to the SunSwap V2 liquidity pool, deducting about 3,000 TRX as a liquidity addition fee.
• Deposit/withdrawal fees: SunPump does not charge any additional deposit/withdrawal fees aside from the usual gas fees for blockchain transactions.

What is the SUN.io ($SUN) token?

The SUN.io ($SUN) token is the platform’s native token. As a governance token, $SUN grants holders voting rights to influence the platform’s direction, including decisions on upgrades and protocol updates. The $SUN token can also be locked up to earn veSUN rewards. In turn, holding veSUN entitles to multiple rewards such as TUSD rewards, accelerated liquidity pool mining and voting rights to decide the weights of liquidity pools.

How does SunPump work?

SunPump’s main features for traders are they they provide a secure and verifiable token contract, with no presale and no team allocation. You can trade on SunPump in 5 simple steps as follows:

• Explore Meme Coins: Visit the SunPump platform and browse through the available meme coins.
• Select a Coin: Choose the meme coin that interests you the most.
• Purchase Tokens: Use the Bonding Curve mechanism on the platform to buy tokens.
• Trade Tokens: You can sell your tokens at any time to lock in profits or cut losses.
• Engage with the Community: Participate in community activities to help increase the market value of your chosen meme coin.

Is SunPump safe?

SunPump launched just 11 days ago on the Tron network, has already generated over $1 million in revenue. While SunPump itself hasn’t been hacked, remember that investing in highly volatile meme tokens carries risks, so users may want to always be cautious.

Conclusion: Pros and Cons of SunPump

SunPump ($SUN) is a world’s first platform on TRON that facilitates the fair launch and trading of meme coins. Here are some of SunPump’s main pros and cons.

Pros

1. One-Click Token Generation: Creators can easily create meme coins by providing a token name, symbol, image, and paying a small fee.
2. No token presale: The benefit of no token presale means the token launch is more fair and allows for wider community participation.
3. No team allocation: This prevents concentration of pair and ensures a fairer ecosystem. In addition, it means team members are motivated to work for the project’s success without a guaranteed allocation and will only be rewarded on the project’s performance.
4. Bonding Curve Mechanism: SunPump adjusts prices based on token supply, ensuring fairness and transparency.
5. Instant Market Access: Newly created tokens are immediately listed for seamless buying and selling.
6. Transparency: All transactions are public, allowing users to monitor activity.
7. Gas Fee Reduction Program: SunPump introduced the gas fee reduction program to make participation more accessible.

Cons

1. Inherent Risks: Meme coins can be subject to price manipulation and fraudulent activities such as hacks.
2. Costs: SunPump charges a creation fee for launching meme coins, and there’s a 1% trading fee on transactions.
3. Space for Improvement: While successful, SunPump may need ongoing enhancements to address challenges. However, SunPump has only recently launched so it’s expected they will continuously improve on their platform.

Further reading

Check out our other memecoin platform reviews:

Four.meme review: Everything you wanted to know

Learn how to trade memecoins and get an early advantage!

How to snipe Solana ($SOL) memecoins early

As the United States tightens its regulations on cryptocurrency, Asia is taking a different approach by embracing the potential of digital assets. Hong Kong, one of Asia’s prominent international financial centers, recently made a significant decision to formally approve the retail trading of crypto assets, effective from June 1, 2023. Furthermore, the Web3 economy in Asia considers this development a significant milestone. The Securities and Futures Commission (SFC) released a conclusion paper highlighting several key points regarding the new regulations. Here’s some key points you NEED to know about Hong Kong’s crypto regulations which will come into effect on 1st June 2023.

Check out our latest video- 🚨 Hong Kong BULLISH Regulations, BUT There’s a CATCH

Key points:

Here are 11 important key points from the SFC’s Conclusion Paper:

1. Expansion of Crypto Trading Accessibility:

Firstly, retail traders in Hong Kong can now participate in cryptocurrency trading, expanding access beyond professional or accredited investors.

“We note the strong support expressed for allowing licensed VA trading platforms to provide their services to retail investors and will allow licensed VA trading platforms to provide their services to retail investors.” (p 4)

2. Risk Assessment:

In addition, as part of the onboarding process, retail users will still need to complete a risk tolerance assessment test.

“For example, the proposed requirement to assess a client’s risk tolerance is part and parcel of the existing suitability requirement.” (p 6)

3. Track Record for Utility Tokens:

Utility tokens seeking listing will need to demonstrate a 12-month track record before being eligible for trading, eliminating primary offerings.

“While a 12-month requirement may not have prevented the recent collapses of some tokens, this requirement aims to reduce the risk of reasonably hard-to-detect fraud as well as the possible impact on the price of a token of the marketing efforts leading up to its initial offering, especially since token offerings are generally unregulated and not subject to the safeguards which are present in the traditional securities markets.” (p. 9)

4. Security Tokens Exclusivity:

Moreover, retail traders will not have access to security tokens, as the Hong Kong Stock Exchange (HKEX) maintains a legal monopoly on equity trading within Hong Kong.

“Security tokens cannot be offered to retail investors in breach of the prospectus regime under the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32) (C(WUMP)O) and the offers of investments regime under Part IV of the SFO.” (p. 9)

5. Stablecoin Limitations:

Nevertheless, the finalized policy by the Hong Kong Monetary Authority (HKMA) excludes stablecoins from trading by retail users.

“Prior to stablecoins being subject to regulation in Hong Kong, it is our view that they should not be admitted for retail trading.” (p. 12)

6. Token Listing Requirements:

To ensure a certain level of market recognition, the SFC mandates that listed tokens must satisfy the requirement of being included in a minimum of two “acceptable indices”.

“The SFC would like to reiterate that being included in two acceptable indices is not the sole criterion for admitting a virtual asset. It is merely a minimum criterion.” (p. 11)

7. Restrictions on Giveaways:

Additionally, while the SFC prohibits trading platforms from conducting giveaways, they can make an exception and offer fee discounts to users.

“we have now made the prohibition of gifts explicit in the VATP Guidelines, with the exception of discounts of fees or charges.” (p. 12)

8. Asset Custody and Insurance:

Trading platforms must ensure full financial coverage for custody of assets. However, the requirement for assets stored in cold storage does not mandate 100% insurance coverage, but it does require a minimum of 50% coverage. Self-coverage is also permissible, provided the platforms hold reserve assets in the same form as the client’s holdings.

“we remain of the view that client virtual assets held in hot and other storages should be fully covered by the compensation arrangement of a licensed VA trading platform.” (p. 14)

“We are thus prepared to lower the coverage threshold to 50% for client virtual assets held in cold storage, on the basis that 98% of client virtual assets will be required to be held in cold storage” (p. 15)

9. Evaluation of Derivatives:

Both retail and institutional traders are still awaiting formal approval for derivatives trading. Evaluation of this aspect will take place at a later stage.

“We are grateful for the detailed and informative responses submitted on this question. As we have explained in the consultation paper, the SFC is aware of the importance of virtual asset derivatives to institutional investors. We will take the large number of comments into consideration and conduct a separate review in due course.” (p. 17)

10. Restrictions on Earning and Lending/Borrowing:

On the other hand, the new regulations do not allow for the operation of earning, lending, and borrowing products associated with cryptocurrencies.

“As such, licensed VA trading platforms will not be allowed to conduct these activities at this stage.” (p. 18)

11. Compliance with Travel Rule:

Lastly, full compliance with the travel rule, which mandates the sharing of transactional information between virtual asset service providers, is a requirement for all participants.

“the SFC considers that submission as soon as practicable after the virtual asset transfer to be acceptable as an interim measure until 1 January 202410 , having regard to the implementation status of the Travel Rule in other major jurisdictions. Licensed VA trading platforms should comply with all other Travel Rule and relevant requirements in paragraphs 12.11 to 12.13 with effect from 1 June 2023, including submitting the required information to the beneficiary institution securely, while adopting the said interim measure. Amendments have been made to paragraphs 12.11 to reflect this.” (p. 20)

Conclusion

Hong Kong’s decision to allow retail trading of crypto assets marks a significant shift in the region’s regulatory landscape. In light of this, the introduction of these new crypto regulations, Hong Kong aims to strike a balance between investor protection and fostering the growth of the Web3 economy. To summarize, the impact of this move on the future of crypto adoption in Asia and beyond is still uncertain and awaits further observation.

The DeFi ecosystem was recently rocked by a major breach on April 9, when a smart contract bug on the SushiSwap project resulted in over $3 million in losses. According to security reports posted on Twitter by the blockchain security auditing firms Certik Alert and Peckshield, an approve-related bug in the platform’s Router Processor 2 contract exposed a single user’s account to the tune of 1,800 ETH, roughly equivalent to $3.3 million.

Several community members, particularly Sifu (the user whose funds were lost), expressed their shock at the hack, while DefiLlama, a pseudonymous developer, attempted to calm the situation by noting that only users who had interacted with the SushiSwap protocol in the four days prior to the breach were affected.

SushiSwap head developer Jared Grey jumped in to offer support, urging users to immediately revoke their permissions for all the contracts within the platform before any other funds could be stolen. Grey also released a GitHub list containing the contracts from multiple blockchains that needed revoking and reassured users that “Sushi Protocol”—which houses the favored user interface—was not affected by the exploit.

Fortunately, Gray also stated that most of the stolen funds were quickly recovered by a whitehat security team that was working around the clock. He specified that the funds that were retrieved—amounting to more than 300 ETH—were handed back to the victim Sifu while reiterating that the team was still in contact with members of the Lido team in an effort to return the remaining 700 ETH.

The news comes at a stressful time for SushiSwap, with Grey having recently broken the news of its SEC subpoena just two weeks prior. Despite the such disruption in the ecosystem, however, the SUSHI token has only dipped slightly over the past 24 hours—dropping by about 3%—which can be seen as a sign of confidence in the future of the project.

In 2021, the SushiSwap team was able to avoid a massive hack of their code, when a white hat hacker managed to discover a bidding bug that could have been exploited for $350 million. This incident was swiftly brought to the public’s attention by PeckShield, the same security resource that was the first to release an incident report about the April 9 breach.

Following the incident, SushiSwap CTO Matthew Lilley released a statement informing users of the incident and outlining his team’s efforts to identify any users who may have been exposed to partial or full losses of funds on the platform. He also, reassuringly, noted that the user interface was safe to use and that all exposure to the vulnerable RouterProcessor2 had been removed.

It is encouraging to see the team at SushiSwap take quick action and move to protect user funds after the massive exploit. Still, this incident serves as a warning to the entire DeFi community: Smart bugs represent a major threat to blockchain security and should not be taken lightly. Crypto audits and bug bounties must be conducted regularly, while users must remain aware of any suspicious activities related to their peripheral contracts. Only through these preventative measures can the DeFi ecosystem remain safe from similar misfortunes in the future.